The Historical AUDNZD Flipping?
Aussie keeps deteriorating to historical lows on the back of China, despite the latter supposedly picking. Kiwi, on the other hand, less affected by trade, is likely to get back on its foot quicker. Will we see a historical flipping and a stronger NZD than AUD? And what about the falling pound? The public keeps criticizing the government for their lackluster response to the coronavirus, which suggests an even weaker sterling.